Aug 2026 (Q2 FY27) — Sep 29, 2026
CarMax Q2 FY27 — Strong Unit & Earnings Growth, Share Repurchases Resume
Read the full callCarMax (KMX) earnings
- Aug 2026
- Aug 2026 (Q2 FY27)
- Feb 2026
CarMax earnings: last reported Tue, 29 Sep 2026, for the quarter ended Aug 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 7,878 | +19.5% YoY | Quarterly, as filed | Quarter to Aug 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Aug 2026 | Not in the filed figures for the quarter to aug 2026. No older figure is substituted. | ||
| Net profit | 165 | +73.3% YoY | Quarterly, as filed | Quarter to Aug 2026 | Profit after tax as filed. |
Price
$51.65 −3.15% · −$1.68
Performance +20.4% 1Y
1Y: $42.9 on 17 Oct 2025 → $51.65. High $64.22 (25 Aug 2026), low $30.88 (6 Nov 2025).
- Previous close
- $53.33
- 52-week range
- $30.88 – $64.22
- One year
- +20.03%
Overview
- Symbol
- KMX
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Call summaries
May 2026 (Q1 FY27) — Jun 17, 2026
CarMax Q1 FY27 — Strategic Pillars Drive Improved Sales and SG&A Leverage
Read the full callFeb 2026 (Q4 FY26) — Apr 14, 2026
CarMax Q4 FY26 — Sales Trends Improve, Strategic Review Underway
Read the full callNews
Latest news
From the news desk, item by item, hours after each call.
Every analysed call
CarMax earnings calls (KMX)
Financials
What the filings say
Net profit, year on year: +73% (quarter to aug 2026 against aug 2025).
| Line item | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Feb 2026 | May 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 6,223 | 6,003 | 7,547 | 6,595 | 5,794 | 5,946 | 8,014 | 7,878 |
| Other income | -5 | 14 | 0 | 4 | -4 | 8 | 2 | 19 |
| Interest | 25 | 24 | 27 | 28 | 26 | 29 | 34 | 32 |
| Profit before tax | 166 | 118 | 283 | 127 | 84 | -111 | 259 | 223 |
| Tax rate | 24.6% | 24.1% | 25.7% | 25.0% | 25.8% | −9.0% | 28.2% | 25.9% |
| Net profit | 125 | 90 | 210 | 95 | 62 | -121 | 186 | 165 |
| EPS ($ per share) | 0.81 | — | 1.38 | 0.64 | 0.43 | — | 1.31 | 1.16 |
| Line item | Feb 2019 | Feb 2020 | Feb 2021 | Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 84 | 82 | 82 | 81 | 79 | 79 | 77 | 71 |
| Reserves | 2,104 | 2,488 | 2,888 | 3,524 | 3,723 | 4,127 | 4,272 | 4,042 |
| Total liabilities | 15,361 | 17,313 | 17,177 | 21,103 | 20,570 | 21,123 | 21,161 | 20,479 |
| Fixed assets | 2,828 | 3,069 | 3,056 | 3,209 | 3,431 | 3,666 | 3,842 | 4,070 |
| Total assets | 18,718 | 21,082 | 21,542 | 26,338 | 26,183 | 27,197 | 27,404 | 26,368 |
| Line item | Feb 2019 | Feb 2020 | Feb 2021 | Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 163 | -237 | 668 | -2,549 | 1,283 | 459 | 624 | 1,784 |
| Cash from investing | -309 | -389 | -128 | -524 | -426 | -467 | -461 | -540 |
| Cash from financing | 186 | 687 | -424 | 3,105 | -710 | 308 | -454 | -1,341 |
| Capital expenditure | -305 | -332 | -165 | -309 | -423 | -465 | -468 | -541 |
| Free cash flow | -142 | -569 | 503 | -2,858 | 861 | -7 | 157 | 1,243 |
KMX revenue by segment
| Segment | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Used Vehicles | 79% | 81% | 81% | 80% | 79% | 80% | 80% | 80% | +19.7% |
| Wholesale Vehicles | 19% | 17% | 17% | 17% | 19% | 17% | 18% | 17% | +18.2% |
| Other | 3% | 3% | 3% | 3% | 3% | 3% | 2% | 3% | +19.5% |
| Extendedprotectionplan Domain | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 2% | +23.0% |
| Advertising Subscription Revenues Domain | 1% | 1% | <1% | 1% | 1% | 1% | <1% | <1% | -4.2% |
| Service Domain | <1% | <1% | <1% | <1% | <1% | <1% | <1% | <1% | +39.6% |
| Other Domain | <1% | <1% | <1% | <1% | <1% | <1% | <1% | <1% | +83.3% |
| Thirdpartyfinancefees Domain | <1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
KMX operating KPIs by quarter
| KPI | Feb 2026 Q4 FY26 | May 2026 Q1 FY27 | Aug 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|---|
| Average selling price Retail | — | $27.288KAverage selling price was $27,288, a year-over-year increase of $1,168 per unit.Source: earnings call transcript | $27.623KAverage selling price was $27,623, a year-over-year increase of $1,630 per unit.Source: earnings call transcript | +1.2% |
| Average selling price Wholesale | $7,776Average wholesale selling price declined by $268 per unit to $7,776.Source: earnings call transcript | $8,364Average wholesale selling price increased by $405 per unit to $8,364.Source: earnings call transcript | $8,036Average wholesale selling price increased by $145 per unit to $8,036.Source: earnings call transcript | -3.9% |
| Weighted average contract rate CarMax Auto Finance | 11.1%The weighted average contract rate charged to new customers was in line with last year at 11.1%.Source: earnings call transcript | 11.3%The weighted average contract rate charged to new customers was 11.3%, relatively in line with last year's Q1.Source: earnings call transcript | 11.8%The weighted average contract rate charged to new customers was 11.8%, up 60 basis points from the prior year.Source: earnings call transcript | +0.5 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
34 filings between Dec 28, 2025 and Jun 26, 2026.
Open market
decisions to buy or sellPurchases
$1.27M
6 purchases by 5 insiders
Sales
None
No insider sold shares.
Compensation
not trading decisions- 11
- Award — granted as compensation
- 7
- Option exercise — converted options into shares
- 10
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| ONeil Mark F | $502.7K | — | Jun 24, 2026 |
| Barr Keith | $498.2K | — | Jun 22, 2026 |
| Bensen Peter J | $130.5K | — | Jun 22, 2026 |
| Chawla Sona | $106.8K | — | Jun 25, 2026 |
| Shinder Marcella | $29.9K | — | Jun 25, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 26, 2026 | Shinder Marcella Director | Award | 3,696 | $0 |
| Jun 26, 2026 | Bensen Peter J Director | Award | 3,696 | $0 |
| Jun 26, 2026 | FOLLIARD THOMAS J Director | Award | 3,696 | $0 |
| Jun 26, 2026 | McCreight David W. Director | Award | 3,696 | $0 |
| Jun 26, 2026 | Chawla Sona Director | Award | 3,696 | $0 |
| Jun 26, 2026 | ONeil Mark F Director | Award | 3,696 | $0 |
| Jun 26, 2026 | COBB WILLIAM C Director | Award | 3,696 | $0 |
| Jun 26, 2026 | OShaughnessy Robert Director | Award | 3,696 | $0 |
| Jun 26, 2026 | Satriano Pietro Director | Award | 3,696 | $0 |
| Jun 26, 2026 | KESSLER JAMES FRANCIS Director | Award | 3,696 | $0 |
| Jun 25, 2026 | Shinder Marcella Director | Purchase | 574 | $29.9K |
| Jun 25, 2026 | Chawla Sona Director | Purchase | 2,000 | $106.8K |
| Jun 24, 2026 | ONeil Mark F Director | Purchase | 4,800 | $251.3K |
| Jun 24, 2026 | ONeil Mark F Director | Purchase | 4,800 | $251.3K |
| Jun 23, 2026 | FOLLIARD THOMAS J Director | Tax withheld | 3,618 | $187.8K |
| Jun 23, 2026 | FOLLIARD THOMAS J Director | Option exercise | 14,855 | $771.1K |
| Jun 22, 2026 | Barr Keith President and CEO | Purchase | 9,400 | $498.2K |
| Jun 22, 2026 | Bensen Peter J Director | Purchase | 2,500 | $130.5K |
| May 1, 2026 | Mayor-Mora Enrique N EVP & CFO | Tax withheld | 1,015 | $39.1K |
| May 1, 2026 | Livesay Jill A VP, Controller & PAO | Option exercise | 1,059 | — |
| May 1, 2026 | Livesay Jill A VP, Controller & PAO | Tax withheld | 319 | $12.3K |
| May 1, 2026 | Shamim Mohammad EVP and CITO | Tax withheld | 1,015 | $39.1K |
| May 1, 2026 | Wilson Charles Joseph EVP and COO | Tax withheld | 1,015 | $39.1K |
| May 1, 2026 | Stuckey John M III SVP, Gen Counsel & Secretary | Option exercise | 1,183 | — |
| May 1, 2026 | Stuckey John M III SVP, Gen Counsel & Secretary | Tax withheld | 357 | $13.8K |
| May 1, 2026 | Cafritz Diane L EVP, Chief Innov & People Off | Tax withheld | 1,015 | $39.1K |
| May 1, 2026 | Daniels Jon G EVP, CAF | Tax withheld | 822 | $31.7K |
| Mar 22, 2026 | Tuite Tyler SVP & Chief Product Officer | Option exercise | 611 | — |
| Mar 22, 2026 | Tuite Tyler SVP & Chief Product Officer | Option exercise | 195 | — |
| Mar 16, 2026 | McCreight David W. Director | Option exercise | 30,558 | $1.27M |
| Mar 16, 2026 | McCreight David W. Director | Tax withheld | 11,423 | $476.5K |
| Mar 16, 2026 | Barr Keith President and CEO | Award | 23,975 | $0 |
| Dec 28, 2025 | Wilson Charles Joseph EVP and COO | Option exercise | 160 | — |
| Dec 28, 2025 | Wilson Charles Joseph EVP and COO | Tax withheld | 49 | $1.9K |
| Oct 16, 2025 | Wilson Charles Joseph EVP and COO | Code W | 527 | $0 |
| Oct 2, 2025 | ONeil Mark F Director | Purchase | 10,816 | $499.8K |
| Oct 2, 2025 | STEENROD MITCHELL D Director | Purchase | 2,000 | $91.1K |
| Jul 8, 2025 | Stuckey John M III SVP, Gen Counsel & Secretary | Gift | 70 | $0 |
| Jul 7, 2025 | Stuckey John M III SVP, Gen Counsel & Secretary | Gift | 15 | $0 |
| Jul 3, 2025 | Stuckey John M III SVP, Gen Counsel & Secretary | Gift | 20 | $0 |
| Jul 2, 2025 | Stuckey John M III SVP, Gen Counsel & Secretary | Gift | 55 | $0 |
| Jul 2, 2025 | Daniels Jon G EVP, CAF | Sale | 1,540 | $108.8K |
| Jun 30, 2025 | STEENROD MITCHELL D Director | Award | 2,753 | $0 |
| Jun 30, 2025 | FOLLIARD THOMAS J Director | Award | 2,753 | $0 |
| Jun 30, 2025 | Bensen Peter J Director | Award | 2,753 | $0 |
| Jun 30, 2025 | Satriano Pietro Director | Award | 2,753 | $0 |
| Jun 30, 2025 | Chawla Sona Director | Award | 2,753 | $0 |
| Jun 30, 2025 | Goodman Shira Director | Award | 2,753 | $0 |
| Jun 30, 2025 | McCreight David W. Director | Award | 2,753 | $0 |
| Jun 30, 2025 | ONeil Mark F Director | Award | 2,753 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for CARMAX INC
Free account. Everything above stays public.
Write why you follow CARMAX INC and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading